Economic Activity
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HUD awards $2.5M to R.I. to protect against lead paint
The U.S. Department of Housing and Urban Development has award $2.5 million in grants to the Rhode Island Housing and Mortgage Finance Corp. to help “protect children and families from the hazards of lead-based paint and from other home health and safety hazards,” HUD announced Friday. more
| 5/24/13
Historical preservation programs land $54K in grants
The R.I. Historical Preservation and Heritage Commission has awarded eight grants totaling roughly $54,500 to eight local historic preservation programs, the commission announced Friday. more
| 5/24/13
Report: Affordable housing ‘essential’ to R.I. growth
Workers in Rhode Island’s three most-frequently employed occupation groups earn less than needed to afford the average two-bedroom apartment in the Ocean State, according to HousingWorks RI’s spring affordable housing report. more
| 5/24/13
State kicks-off ‘RhodeMap RI’ economic development initiative
More than 100 Rhode Island residents, business owners, state officials, local planners and lawmakers gathered at the Statehouse on Thursday night to kick off RhodeMap RI, a year-long project to create statewide economic development and housing plans that link with strategies for future development, transportation, land use and the environment. more
| 5/24/13
Orders for U.S. durable goods increase more than forecast
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year. more
R.I. outlook ranks 45th on ‘Rich States, Poor States’ report
Rhode Island’s economic outlook ranked No. 45 among the 50 states according to the 2013 ALEC-Laffer State Economic Competitiveness Index released by the American Legislative Exchange Council. Rhode Island’s No. 45 rank represented a slip from last year’s report, in which the Ocean State ranked No. 43. more
| 5/23/13
Metro area foreclosure, delinquency rates fall in March
The Providence-Fall River-New Bedford area foreclosure rate fell 0.11 percentage points for March compared with the same period in 2012, CoreLogic said Thursday. more
| 5/23/13
Exports from R.I. fall 5.1% in March
Exports from the Ocean State fell 5.1 percent in March to $183.1 million on a month-to-month, seasonally adjusted basis after falling 15.3 percent in February, according to an international trade statistics report from e-forecasting.com. more
| 5/23/13
Jobless claims in U.S. dropped more than forecast last week
Fewer Americans than projected filed applications for unemployment benefits last week, a sign that the job market is sustaining recent gains. more
Sales of existing U.S. homes rise to 3-year high
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules. more
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